1887

OECD-FAO Agricultural Outlook 2018-2027

image of OECD-FAO Agricultural Outlook 2018-2027

The fourteenth joint edition of the OECD-FAO Agricultural Outlook provides market projections for major agricultural commodities, biofuels and fish, as well as a special feature on the prospects and challenges of agriculture and fisheries in the Middle East and North Africa.

World agricultural markets have changed markedly since the food price spikes of 2007-8, as production has grown strongly while demand growth has started to weaken. In the coming decade, real agricultural prices are expected to remain low as a result of reduced growth in global food and feed demand. Net exports will tend to increase from land abundant countries and regions, notably in the Americas. Countries with limited natural resources, slow production expansion and high population growth will see rising net imports. Increasing import dependence is projected in particular for the Middle East and North Africa, where a scarcity of arable land and water constrains agricultural production.

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From Chapter: Statistical Annex
.

Table A.21.2 - Vegetable oil projections: Consumption, food

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OECD-FAO Agricultural Outlook 2018-2027 - © OECD 2018

‌A.21.2Vegetable oil projections: Consumption, food
A.21.2Vegetable oil projections: Consumption, food
  Marketing year
‌‌
CONSUMPTION (kt)
Growth (%) 3
FOOD (kg/cap)
Growth (%) 3
Average
2015-17est
‌2027‌
‌2008-17‌
‌2018-27‌
Average
2015-17est
‌2027‌
‌2008-17‌
‌2018-27‌
WORLD
191 590
 
234 515
 
4.48
 
1.65
 
20.6
 
23.1
 
2.69
 
0.98
 
NORTH AMERICA
17 123
 
18 512
 
3.99
 
0.75
 
39.0
 
39.4
 
1.67
 
0.44
 
Canada
1 310
 
1 358
 
5.42
 
0.66
 
31.3
 
27.6
 
2.16
 
0.16
 
United States
15 814
 
17 154
 
3.87
 
0.76
 
39.9
 
40.7
 
1.64
 
0.46
 
LATIN AMERICA
19 563
 
23 169
 
4.56
 
0.72
 
20.9
 
21.7
 
1.11
 
0.02
 
Argentina
3 435
 
3 805
 
8.40
 
-1.02
 
18.7
 
19.0
 
-0.03
 
0.15
 
Brazil
7 649
 
9 093
 
3.93
 
0.62
 
23.8
 
23.4
 
0.04
 
-0.82
 
Chile
546
 
652
 
5.93
 
1.65
 
29.9
 
33.1
 
4.99
 
0.99
 
Colombia
1 842
 
2 226
 
7.29
 
1.11
 
24.6
 
27.3
 
5.08
 
0.67
 
Mexico
2 772
 
3 228
 
3.90
 
1.27
 
21.7
 
22.4
 
2.44
 
0.21
 
Paraguay
133
 
174
 
-2.22
 
2.96
 
19.4
 
22.4
 
-3.52
 
1.85
 
EUROPE
30 744
 
30 058
 
2.09
 
-0.12
 
24.8
 
25.2
 
1.49
 
0.34
 
European Union
25 176
 
24 170
 
1.99
 
-0.27
 
25.9
 
25.6
 
1.08
 
0.13
 
Russia
3 908
 
4 134
 
3.65
 
0.31
 
27.2
 
29.1
 
3.57
 
0.47
 
Ukraine
756
 
911
 
-3.16
 
2.95
 
16.2
 
20.9
 
-2.89
 
3.57
 
AFRICA
15 896
 
21 665
 
4.94
 
2.90
 
12.3
 
13.0
 
2.40
 
0.59
 
Egypt
2 296
 
3 049
 
4.50
 
2.45
 
23.0
 
25.6
 
2.87
 
0.87
 
Ethiopia
534
 
989
 
26.22
 
5.63
 
5.1
 
7.4
 
22.96
 
3.36
 
Nigeria
3 145
 
4 326
 
4.82
 
3.19
 
14.1
 
15.2
 
2.27
 
1.08
 
South Africa
1 344
 
1 598
 
4.81
 
1.60
 
23.3
 
24.7
 
3.50
 
0.60
 
ASIA
107 489
 
140 269
 
5.27
 
2.19
 
20.6
 
25.0
 
3.69
 
1.58
 
China 1
35 611
 
40 957
 
4.53
 
1.00
 
25.4
 
28.4
 
3.97
 
0.79
 
India
23 868
 
36 782
 
5.16
 
3.93
 
17.3
 
24.2
 
3.74
 
3.06
 
Indonesia
12 246
 
15 777
 
9.14
 
2.16
 
24.0
 
29.1
 
4.48
 
1.50
 
Iran
1 698
 
2 261
 
2.81
 
1.90
 
21.0
 
25.6
 
1.59
 
1.15
 
Japan
2 404
 
2 454
 
0.85
 
-0.02
 
18.8
 
19.9
 
0.95
 
0.33
 
Kazakhstan
290
 
423
 
1.30
 
2.34
 
15.8
 
20.9
 
-0.28
 
1.48
 
Korea
1 237
 
1 260
 
4.01
 
-0.57
 
12.9
 
13.0
 
-1.32
 
-0.08
 
Malaysia
4 730
 
6 008
 
3.72
 
1.45
 
29.1
 
32.9
 
2.01
 
0.96
 
Pakistan
4 993
 
6 806
 
4.88
 
2.27
 
24.8
 
28.1
 
2.82
 
0.59
 
Philippines
1 955
 
2 866
 
6.24
 
3.01
 
12.2
 
16.4
 
6.36
 
2.11
 
Saudi Arabia
730
 
1 029
 
13.54
 
2.77
 
19.5
 
24.1
 
11.35
 
1.59
 
Thailand
3 171
 
4 105
 
9.16
 
1.95
 
16.4
 
24.2
 
7.37
 
3.24
 
Turkey
2 801
 
3 234
 
6.07
 
1.10
 
29.9
 
32.2
 
4.25
 
0.50
 
Viet Nam
1 363
 
2 122
 
8.08
 
3.97
 
14.3
 
20.3
 
6.85
 
3.08
 
OCEANIA
776
 
842
 
2.96
 
1.06
 
19.3
 
18.1
 
1.07
 
-0.19
 
Australia
543
 
588
 
3.51
 
1.20
 
22.5
 
21.5
 
1.98
 
0.07
 
New Zealand
101
 
108
 
3.20
 
0.38
 
21.7
 
21.1
 
2.10
 
-0.43
 
DEVELOPED COUNTRIES
53 747
 
55 029
 
2.67
 
0.27
 
27.1
 
27.7
 
1.55
 
0.41
 
DEVELOPING COUNTRIES
137 843
 
179 486
 
5.26
 
2.11
 
19.0
 
22.1
 
3.21
 
1.18
 
LEAST DEVELOPED COUNTRIES (LDC)
8 623
 
12 628
 
5.87
 
3.33
 
10.6
 
12.1
 
3.45
 
1.09
 
OECD 2
53 517
 
55 009
 
2.98
 
0.28
 
28.0
 
28.5
 
1.64
 
0.35
 
BRICS
72 380
 
92 562
 
4.62
 
2.00
 
21.9
 
26.2
 
3.47
 
1.46
 
Note: Average 2015-17est: Data for 2017 are estimated.
Disclaimer: http://oe.cd/disclaimer
1.
Refers to mainland only. The economies of Chinese Taipei, Hong Kong (China) and Macau (China) are included in the Asia aggregate.
2.
Excludes Iceland but includes all EU28 member countries.
3.
Least-squares growth rate (see glossary).
Source: OECD/FAO (2018), “OECD-FAO Agricultural Outlook”,OECD Agriculture statistics(database). doi:dx.doi.org/10.1787/agr-outl-data-en

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